Mortgage Rates Continue to Fall as Other Economic Factors Cool

The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.89% to an average of 6.77% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year FRM averaged 6.77% as of July 18, 2024, down from last week when…

The post Mortgage Rates Continue to Fall as Other Economic Factors Cool appeared first on RISMedia.

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